Federal Reserve

Bitcoin Rebounds to $60,000 After Hitting 21-Month Low as Cooling U.S. Economic Data Revives Market Optimism

Bitcoin staged a sharp recovery after falling to its lowest price in 21 months, climbing back above $60,000 as weaker-than-expected U.S. economic data eased…

2 weeks ago

Federal Reserve Moves to Tighten Stablecoin Oversight With New Customer Identification Requirements

The Federal Reserve has unveiled a new proposed rule that would require certain payment stablecoin issuers to establish and maintain formal Customer Identification…

4 weeks ago

U.S. Inflation Jumps to 4.2% as Crypto Markets Rebound Despite End of Disinflation Trend

The latest U.S. Consumer Price Index (CPI) report delivered a mixed signal to investors, showing inflation rising to 4.2% year-over-year in May, the…

1 month ago

DOJ Drops Probe Into Jerome Powell Clearing Path for Pro Crypto Kevin Warsh to Lead Federal Reserve

The U.S. Department of Justice has officially dropped its criminal investigation into Federal Reserve Chair Jerome Powell, removing a major political and legal…

3 months ago

Rep. Maxine Waters Questions Kansas Fed Over Kraken’s Access to Federal Reserve System

Congresswoman Maxine Waters is raising concerns about a major milestone for crypto banking, after the Federal Reserve Bank of Kansas City granted a special…

4 months ago

Kraken Secures Federal Reserve Master Account in Historic First for Crypto Industry

Crypto exchange Kraken has achieved a major milestone for the digital asset industry after its banking arm, Kraken Financial, secured a Federal Reserve master…

4 months ago

Federal Reserve Withdraws Restrictive 2023 Policy Severely Limiting ‘Novel’ Crypto Activities

The Federal Reserve has withdrawn guidance that limited certain banks from engaging in the crypto sector, reflecting the organization’s “evolving…

7 months ago

Federal Reserve to Host Blockchain & AI Payments Innovation Conference on Oct. 21

The U.S. Federal Reserve announced Wednesday it will host a conference on payments innovation on Tuesday, October 21, in Washington,…

10 months ago

Fed Chair Sees Crypto Going Mainstream, Expects More Bank Engagement

Federal Reserve Chair Jerome Powell said this week that the crypto industry is becoming more “mainstream” and expects banks to…

1 year ago

Fed Chair Powell Views Bitcoin as Digital Gold, Not a Dollar Competitor

The Federal Reserve Chairman Jerome Powell dismissed the notion of Bitcoin as a replacement for the U.S. dollar, instead framing…

2 years ago